About Electric Kickboard Sharing Service
An electric kickboard, also known as an e-kickboard or electric scooter, is a personal mobility device that combines the convenience of a kick scooter with the power of an electric motor. An electric kickboard-sharing service is a type of micro mobility service in which people can rent electric kickboards for short trips around a city. Electric kickboard sharing services are becoming increasingly popular in cities around the world, as they offer a convenient and environmentally friendly way to get around. The electric kickboard-sharing service market is poised for continued growth in the coming years, offering a convenient, sustainable, and fun way to travel in urban areas. The electric kickboard-sharing service market presents several exciting opportunities for businesses and investors. By addressing the challenges and capitalizing on the trends, companies can play a role in shaping the future of urban transportation.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Electric Kickboard Sharing Service market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Luup, Inc. (Japan), Lime (United States), Spin (United States), Bolt Technology OU (Estonia), Bird Rides, Inc. (United States), The Swing Corp. (Singapore), KNOT (Japan), Voi Technology AB (Sweden), Tier Mobility (Germany) and Dott (Netherlands) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Wind (Spain), Beam Mobility Holdings Pte. Ltd. (Singapore), Neutron (Singapore), Lyft, Inc. (United States), Superpedestrian (United States), Skip (United States), Grab (Singapore) and Hello Skate Mobility LLP. (India).
Segmentation Overview
AMA Research has segmented the market of Global Electric Kickboard Sharing Service market by and Region.
On the basis of geography, the market of Electric Kickboard Sharing Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vehicle, the sub-segment i.e. Standing Kickboards will boost the Electric Kickboard Sharing Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Business Model, the sub-segment i.e. Subscription-Based (Monthly, Annually, Others) will boost the Electric Kickboard Sharing Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Dockless will boost the Electric Kickboard Sharing Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Focus on Accessibility
Market Growth Drivers:
Rising Popularity as a Convenient and Eco-Friendly Mode of Transportation and Growing Demand for Electric Kickboard for Shared Mobility
Challenges:
Availability of Alternative Vehicle Services
Restraints:
High Maintenance Cost
Opportunities:
Advancements in Battery Technology and Vehicle Design and Advanced Geofencing and Tracking Applications
Market Leaders and their expansionary development strategies
In July 2023, Tier Mobility and Voi Technology announced a strategic partnership to integrate their services in 14 European cities, offering users a wider selection of electric kickboard vehicles and coverage.
In November 2023, TIER Mobility launched its "TIER ONE" e-scooter. This premium model boasts features like a longer range and higher speed. This successful launch will help TIER Mobility to maintain its position in the market.
Key Target Audience
Service Provider, New Entrants, Potential Investors, Government Authorities and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.